Verified against strike.me on 6 Sep 2026. Rates and state-specific minimums change; confirm before borrowing.
How Strike's Bitcoin loan works
Strike is a Bitcoin-focused financial company (a licensed money transmitter, NMLS ID 1902919). It offers two products: a fixed-term loan (12 months, choose monthly payments or payment at maturity) and a line of credit (revolving, variable rate). Both take native bitcoin as collateral, capped at 50% initial LTV, and neither is reported to credit agencies. Interest accrues daily.
Rates & fees
Strike's fixed APR starts at 9.5% for a 12-month loan with no origination fee. The exact rate varies by loan type (payment-at-maturity prices higher than monthly-payment) and loan size (larger loans price lower); standard loans now span roughly 7.5–11.25% APR depending on those factors, so confirm your live quote. The standout is still the fee schedule: 0% origination, 0% early repayment, 0% late, 0% draw — the main fee to watch is a 0.79% processing fee if you repay principal using your bitcoin collateral in states that allow it.
The line of credit uses a variable APR (US Prime Rate plus a fixed margin, adjustable at most once per quarter), with a minimum from $3,500 and a $250,000 cap.
LTV & liquidation
Strike caps initial LTV at 50% and publishes a clear ladder: a warning at 65% LTV, a margin call at 70% with a 72-hour window to add collateral or repay, and partial liquidation at 85%. That 85% liquidation point is one of the most generous buffers among the lenders we track — meaningfully more room before a forced sale than the typical 80%.
Model your own margin-call and liquidation prices with the liquidation calculator.
Custody & safety — why we rate Strike Lower relative risk
Source: Strike money-transmitter licenses (incl. NYDFS) ↗
Strike holds collateral in segregated custody and does not rehypothecate it. As a Bitcoin-only, licensed money transmitter regulated by the New York State Department of Financial Services, it carries a cleaner regulatory and operational profile than many crypto lenders, and its zero-fee structure means liquidation penalties don't quietly erode your collateral. That earns our Lower risk rating. See the full risk methodology.
What a $100,000 Strike loan costs
Because there are no fees, the headline rate is essentially the all-in cost — unusual in this market. Figures are illustrative; confirm your live quote.
Pros & cons
Strengths
- Genuinely zero fees — headline rate ≈ real cost
- Most generous liquidation buffer (85%)
- Fixed-rate term loan with no maximum
- Segregated native-BTC custody, no rehypothecation
- Optional revolving line of credit
Trade-offs
- ~$10,000 minimum — not for small borrowers
- Availability and minimums vary by US state
- No public proof-of-reserves (unlike Ledn)
- Centralized counterparty — not self-custody
Who Strike is best for
Strike is ideal for borrowers taking out $10,000 or more who want a fee-free fixed rate and the most room before liquidation, or who'd use a revolving line of credit. If the lowest rate is your priority, SALT and Arch are cheaper at this size. If you want to borrow a smaller amount or value monthly proof-of-reserves, Ledn is the better fit — see the side-by-side Ledn vs Strike comparison, or find the best options for a $100,000 loan.
FAQ
What is Strike's Bitcoin loan interest rate?
A fixed APR starting at 9.5% for a 12-month loan, varying by loan type (payment-at-maturity vs monthly-payment) and loan size, spanning roughly 7.5-11.25% APR for standard loans. No origination, early-repayment, late, or draw fees on the standard products.
What is the minimum loan at Strike?
The fixed-term loan starts around $10,000 (varies by state) with no maximum; the line of credit starts as low as $3,500 with a $250,000 cap.
When does Strike liquidate?
Initial LTV is capped at 50%. Warning at 65%, margin call at 70% (72-hour window), partial liquidation at 85%.
Is Strike safe?
It's a Bitcoin-only licensed money transmitter (NYDFS) using segregated custody with no rehypothecation. We rate it LOW risk, though no loan is risk-free.
See Strike next to every other lender
Live rates, LTV, liquidation thresholds, custody, and minimums for every lender we track in one verified table.
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